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Passion Brands: Why Some Brands Are Just Gotta Have, Drive All Night For, and Tell All Your Friends aboutby Kate Newlin
Synopses & Reviews
What makes some brands stand out from the pack year after year? In a vast marketplace glutted with countless "pretty good brands," how are some products able to command unquestionable customer loyalty and lasting enthusiasm?
Veteran business strategist Kate Newlin defines the key ingredients that go into passion brands—brands that we recommend to friends wholeheartedly, with a joyous, even evangelical zeal. Passion brands inspire an emotional attachment. Unlike consumer fads, we become personally invested in them, sometimes even more so than we do with our friends and loved ones.
Newlin identifies the social factors that have made passion brands the driving force in consumer marketing today. Based on proprietary research, which makes use of in-depth interviews with company executives as well as state-of-the-art analytics, she answers the following key questions:
• Are there common characteristics that enable passion brands to become carriers of personal meaning?
• What is the financial impact on a company that produces a passion brand?
• Do passion brands create a halo over the stock prices?
She notes that in a world of almost unlimited consumer choices, the old rules of marketing just dont work anymore (product, package, position, price, and promotion). Now marketers must react to consumers in real time, encouraging "brand democracy" in which users can help decide a products characteristics, from size and color to how it should be marketed. Passion Brands is must reading for entrepreneurs and denizens of corporate cubicles and boardrooms alike.
Book News Annotation:
Writing for entrepreneurs, marketers, and others in business, Newlin, a consultant with extensive experience in business strategy and marketing, discusses how certain brands create a loyal following and how to develop passion for a brand by creating emotional attachment. She draws from interviews with executives, quantitative research, and consumer views to describe the social and cultural factors that make passion brands a driving force in marketing, and their common characteristics, using examples of brands such as Google, Starbucks, Krispy Kreme, and Red Bull. Annotation ©2009 Book News, Inc., Portland, OR (booknews.com)
A veteran business strategist defines the key ingredients that go into passion brands--brands that people recommend to friends wholeheartedly, with a joyous, even evangelical zeal.
About the Author
Kate Newlin (New York, NY), the principal and founder of Kate Newlin Consulting, is the author of Shopportunity! How to Be a Retail Revolutionary, which was on the "Oprah Selects" list of O magazine in 2006 and was also a recommended selection of the 2006 Harvard Business Review. With over 25 years of experience in business strategy and marketing, Newlin has worked with a broad cross-section of Fortune 500 businesses, including McDonalds, Pennzoil/Quaker State, Kraft, Hasbro, Cigna, GE Capital, Waldenbooks, LensCrafters, and others.
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